US Dollar vs Israeli Sheqel Entering Major Demand ZoneBuy in purple. Trade structured correctly will offer a 3 - 1 risk reward.Longby LanmarUpdated 8
USDILS - WWe are in Wave 4 of (b) correction, will be buying wave (b) and selling wave (4). Overall trend is bearish, we need 3 wave up then down to complete wave (b)Shortby ThatoTumeloUpdated 4
USDILS ( Dollar - Israeli Shekil) might go fruther down USDILS ( Dollar - Israeli Shekil) might go fruther down if this monthly candle did not went back to 3.845. however, at longer-run it seems that it has finished it up-trend wave for 2016-2017 USDILS would be at low levels back to 2014Shortby Qays_KaysonUpdated 9
usdilsDelays in breach of this level will bring the price to test the support at 3.665, the expectation and make sure larger in case of break of 3.685by AhmedMortaja2
USDILS Short UPDATEI am moving up my take profit to 3.7889, or fib 0.618; I am keeping my original take profit as a secondary target. The reason that I have moved this is that on second review; there is some volatility around this price area previously and it has served as a support and resistance in the pastShortby OP2472
USDILS ShortThere is a wedge forming for USDILS which indicating that the currency will start on a downtrend in around March 2017. I believe that the currency will go down to around 3.72 which was a previous low in April 2016. We can also see a downtrend showing on the RSI and CCI which further supports the ideology that a downtrend is likely to take place.Shortby OP2476